Author: Rose F. Hill
BMW, a famous care manufacturer in Germany, is planning to integrate blockchain technology into its daily operations. According to the 29th of December report from Cointelegraph, BMW is working on creating a blockchain loyalty program for its customers in Thailand. For this initiative to be completed, the German carmaker has onboarded Coinweb, a blockchain infrastructure firm, as its decentralized architecture provider. And for settling transactions, the carmaker has onboarded BNB Chain. According to the report, the integration of blockchain technology into BMW’s daily operations will take place in two phases. In the first process, the decentralized tech will be integrated…
On the 30th of December, Vitalik Buterin, the founder of Ethereum, tweeted in which he showed sympathy for competitor Solana, whose native token SOL and broader ecosystem has been hitting hard since the collapse and bankruptcy filing of FTX, which was once the biggest crypto exchange in the world and now is nothing. In a tweet, the Ethereum founder wrote that smart people tell him that Solana has an earnest, smart developer community He claimed that the opportunists who were involved with the project in the past had been washed out, and the chain has a bright future. Moreover in…
Dante Disparte, the CSO of Circle, a crypto peer-to-peer payments firm, believes that the turmoil in the crypto sector over the last year, which has been the worst one for all the cryptocurrencies and crypt-related firms, could mark the handover of crypto technology to more durable companies in 2023. On the 2nd of January, in a blog post for The World Economic Forum, Dante indicated that crypto technology would shift towards steadier hands in 2023. In the blog post, Dante, the CSO of Circle, the issuer of US-dollar pegged stablecoin USD Coin, highlighted the growing use of crypto in the…
The year 2022 has been the worst one for the crypto industry as the price of almost all cryptocurrencies decreased as much and reached new lows, and several crypto firms collapsed, including the notable FTX, which was once the biggest crypto exchange in the world and now is nothing. However, despite unfavorable market conditions for the cryptocurrency industry, 2022 proved to be a fruitful year for Ethereum Name Service, which recorded more than 2.2 million registrations. On the 1st of January, in a tweet, Ethereum Name Service claimed that more than 2.2 million ENS names were registered in 2022, which…
On the 31st of December, Vitalik Buterin, the co-founder of Ethereum, shared some bullishness for the upcoming year 2023. In a Twitter post, in response to a question from the former chief technology officer of Coinbase Balaji, what are you bullish on for 2023, Vitalik shared a roadmap diagram and wrote that reaching a new rollup scaling milestone. Vitalik also confirmed the rollout of the Ethereum Improvement Protocol 4884 in 2023, which had previously been removed as part of the upcoming Shanghai upgrade package, which is set for March 2023. In a Twitter post, the Ethereum co-founder wrote that he…
On the 2nd of January, the prices of metaverse-related cryptocurrencies, such as ApeCoin’s APE and Axie Infinity’s AXS, increased by more than 6% over the past 24 hours, a new year gift. According to data from CoinGecko, the price of APE increased by more than 6.3%, and it is currently, as of this writing, trading at around $3.88. And the price of AXS surged by more than 6.9%, and it is currently trading at around $6.41, as per data from CoinGecko. On the other hand, The Sandbox’s SAND also increased by more than 5.2%, and it is currently trading at…
The 1st of January, New Year’s Day, proved to be the worst one for a Bitcoin Core developer, as millions of his funds in Bitcoin, the largest cryptocurrency in the market, were hacked. Luke Dashjr, the longest-contributing Bitcoin Core developer, revealed that an anonymous hacker had raided almost all of his Bitcoin holdings. However, the total sum of Bitcoin stolen is unknown. In a Twitter thread, Luke Dashjr said that some of this hacked amount was from a wallet address that received a little under 217 Bitcoin, worth around $3.6 million at the current price. In a tweet, Luke wrote…